Bob Sasser has been the driving force behind Dollar Tree's success as CEO since 2004. Under his leadership, the company saw its stock price rise significantly, earning him special recognition with a one-time retention award worth $10 million in 2012...
Bob Sasser has been the driving force behind Dollar Tree's success as CEO since 2004. Under his leadership, the company saw its stock price rise significantly, earning him special recognition with a one-time retention award worth $10 million in 2012 for boosting shareholder value. Interestingly, he announced his plans to retire in 2022, marking the end of an era for Dollar Tree. Sasser also played a crucial role in the company's growth strategy and efficiency improvements, helping Dollar Tree adapt and thrive in the retail landscape. Despite not having a specified educational background, his expertise in retail has proved invaluable. Sasser's compensation reflects his performance-driven approach, including a total compensation package that reached $2.7 million in 2017, combining salary, bonuses, and stock benefits. Notably, he has significant stock holdings, peaking at over $26 million in 2019. Sasser’s keen business acumen and methods for incentivizing performance have left a lasting imprint on Dollar Tree.